Trump’s tariff plan triggers market crash, but social media finds humor in financial freefall
- President Trump's proposed tariffs triggered a sharp stock market decline, impacting major indexes.
- Trump's insistence on tariffs stemmed from his desire to fix trade imbalances.
- The Dow Jones, S&P 500, and NASDAQ all experienced significant losses following the tariff announcement.
- The Dow Jones shed 1,630 points, and the S&P 500 dropped 5%; some quipped 'This is not funny'.
- Despite the market downturn, social media users shared memes, highlighting the disconnect between policy and reality.
11 Articles
11 Articles
“Well Done, Old Man!”: Russian State Media Calls For Monument In Trump’s Honor For Hurting Capitalism
As President Donald Trump faces some defections from some of his most steadfast supporters over his tariffs, he can still rely on one group to sing his praises: Russian state media. According to Daily Beast columnist Julia Davis, who closely follows Russian state-sponsored outlets, analysts on the popular program “The Evening With Vladimir Solovyov” recently expressed enthusiastic approval of Trump’s tariff policies. Political scientist Dmitry K…
Tom Zirpoli: Trump’s tariff mania
“Mania is a psychological condition that causes a person to experience unreasonable euphoria … and delusions,” according to Wikipedia. President Donald Trump is curiously euphoric about tariffs and delusional about their effects. Trump is delusional when he says that his tariffs will be paid for by exporting nations and bring trillions of dollars to the U.S. economy. However, as the National Review stated, Trump has just “tanked the economy by e…
'Sycophants and cowards': Analyst slams Trump lackeys for 'egging him on' as markets crash
Washington Post Columnist Catherine Rampell slammed the team around President Donald Trump Tuesday, calling them 'Sycophants and cowards" for failing to stand up to his market-crashing tariff plan.The writer called out several members of Trump's inner circle because they have "egged him on" his tariff tirade. Like economic adviser Kevin Hassett who followed Trump's move by celebrating that, "More than 50 countries have reached out to the preside…
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